Gold ad from 1973 shows the economy has long been on the verge of collapse
An ad from a 1973 issue of Barron’s provides clear proof that feverish concerns about imminent economic collapse and a concomitant enthusiasm for precious metals has long been a theme amongst modern investors.
Hat tip to Business Insider
{{ commodity.name }}
{{ post.title }}
{{ post.date }}
Comments
directorblue
Considering that the CAGR of gold in US$ since 1973 is roughly 17%, who’s to say the ad wasn’t right?